Corporations doing business in Maryland could pay less in corporate tax filing fees but more in overall taxes under a bill proposed by a Prince George’s County senator.
Tagged with: combined reporting Sen. Paul G. Pinsky
Read More »February 12, 2014 Comments Off on Hearing today on corporate tax change
Corporations doing business in Maryland could pay less in corporate tax filing fees but more in overall taxes under a bill proposed by a Prince George’s County senator.
Tagged with: combined reporting Sen. Paul G. Pinsky
Read More »March 27, 2013 Comments Off on Eye Opener: Gun bill could be voted on soon
A few government and politics headlines for Wednesday.
Tagged with: combined reporting farmers gun control house of delegates landlords Martin O'Malley regulations Taxes
Read More »January 25, 2012 Comments Off on Millionaire’s tax, combined reporting back again
Two proposals that consistently rankle business interests big and small in Annapolis resurfaced Wednesday for their annual appearance in the State House. They are, of course, the millionaire’s tax and combined reporting. (S.B. 249 and S.B. 269, respectively, if you’re ...
Tagged with: businesses combined reporting corporate taxes Martin O'Malley revenue Taxes
Read More »August 2, 2011 Comments Off on Progressive group wants $2.6B in tax hikes
The progressive Maryland Budget and Tax Policy Institute is recommending $2.6 billion in tax increases to cure state budget shortfalls, including $2 billion on consumer services that are not currently taxed. The group also is recommending raising the state income ...
Tagged with: combined reporting corporate increase legislation Maryland Budget and Tax Policy Institute Maryland Chamber of Commerce support Taxes
Read More »March 14, 2011 Comments Off on Delegates skeptical of combined reporting
Although many economists, experts, unions and small businesses urged the House Ways and Means Committee to institute combined reporting for more equitable corporate taxes, delegates seemed skeptical of the taxation method. Combined reporting is a complicated method of calculating corporate ...
Tagged with: combined reporting delegates maryland Maryland Chamber of Commerce
Read More »February 27, 2011 Comments Off on Combined reporting gains traction; hurdles remain
ANNAPOLIS — A proposal to toughen taxes for multistate corporations could grow more palatable to lawmakers as they approach votes on a package of spending cuts and accounting maneuvers designed to span a $1.6 billion budget deficit. Supporters of combined ...
Tagged with: accounting Budget and Taxation Committee Business combined reporting credit Del. Bill Frick General Assembly House Majority Leader Kumar P. Barve legislation maryland Maryland Chamber of Commerce senate Taxes
Read More »February 1, 2011 1 Comment
Liberal senators and delegates are pressing ahead with bills to bring the combined reporting method of corporate taxation to Maryland even after the state’s Business Tax Reform Commission rejected the idea in November. Sen. Paul Pinsky, a Prince George’s County ...
Tagged with: combined reporting General Assembly income taxes Internal Revenue Service IRS legislation maryland Taxes
Read More »February 1, 2011 Comments Off on The combined reporting switcheroo
That's right. Switcheroo. Sen. Paul G. Pinsky said Tuesday the supporters of combined reporting legislation have "a clearer argument for it this year than we ever have before." The bill -- SB 305 -- also has a growing cadre of cosponsors. There are 18 senators signed on to the bill and Pinsky said he has heard from "one or two" more who have said they will vote for it. The House version of the bill, to be introduced by another Prince George's County Democrat, Justin Ross, is still gathering cosponsors. "There's momentum and groundswell, more than there ever has been before," Pinsky said.
Tagged with: combined reporting kumar barve
Read More »December 7, 2010 Comments Off on Business tax reform commission down to ‘wordsmithing’
The Maryland Business Tax Reform Commission canceled its meeting Tuesday and may not even meet next week to put the finishing touches on a report that advises against instituting a new form of corporate taxation called combined reporting. “We have ...
Tagged with: Board of Revenue Estimates Budget and Taxation Committee combined reporting comptroller Martin O'Malley maryland Taxes
Read More »November 18, 2010 Comments Off on Week in Review: November 19, 2010
Convention center-arena project urged A plan to raze a portion of the Baltimore Convention Center, the Sheraton Inner Harbor Hotel and its parking garage and replace them with an expanded convention center and new arena has been endorsed by the ...
Tagged with: better business bureau combined reporting convention center gregg bernstein state prosecutor Week in Review
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